Selected Data from 2017 Financial Statements of Xi Corporation Include

question 91

Multiple Choice

Selected data from 2017 financial statements of Xi Corporation include the following (amount in millions) : $\begin{array}{lr}\text { Current assets } & ¥ 759 \\\text { Total assets } & 1,200 \\\text { Current liabilities } & 400 \\\text { Total liabilities } & 750 \\\text { Cash } & 80 \\\text { Interest expense } & 50 \\\text { income taxes } & 100 \\\text { Net income } & 160\end{array}$ The debt to assets ratio is

• A)62.5%.
• B)52.7%.
• C)1.60%.
• D)6.2 times.

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Definitions:

Rank-order

The arrangement or classification of items based on their importance, value, or quality in a sequential hierarchy.

Resolution Phase

The stage in conflict management or negotiation processes where parties come to an agreement and resolve their differences.

Initiation Phase

The initial stage in a process or project where objectives are set and tasks are begun.

Bargaining Phase

is a stage in negotiation wherein parties discuss their wants and needs directly, attempting to come to a compromise.